8318 Spring Creek LOOP, Salado TX 76571

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $594,349. Pricing this home between $593,000 and $596,000 would put it in the competitive sweet spot for 76571. Relative to what's currently available in 76571, this home would be the 2nd most expensive of 7 comparable homes on the market. The larger lot (0.57 acres versus the area average of 0.54) contributes to the valuation. With 7 similar homes currently listed in 76571 (a buyer's market), competition is a factor to consider. Market data shows 76571 prices fallen 8% over the last half year. The closest comparable sale, 8313 Cates Creek DR, Salado TX 76571 at an adjusted $581,793, is with a larger floor plan. With 5 comparable sales in 76571, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group